Business Analysis Quiz

Which of the following best describes an asset or commodity obtained with the intention of producing sales or appreciation?

• Liability

• Expense

• Investment

• Loan

What is the term that refers to an increase over time in the valuation of an object?

• Depreciation

• Amortization

• Inflation

• Appreciation

What is the minimum amount of compensation that an employer is required to pay its workers for work performed within a particular time?

• Overtime pay

• Salary

• Minimum wage

• Commission

Which of the following is one of the most popular tools used in evaluating a business?

• SWOT Analysis

• Budget Plan

• Marketing Strategy

• Payroll System

Which of the following is one of the most popular tools used in conducting industry analyses?

• SWOT Analysis

• Porter's Five Forces Model

• PESTLE Analysis

• Business Model Canvas

Which factor of the SWOT analysis does the following statement belong to? "The average age of employees at Company B is in the mid-60s, resulting in fewer tech-savvy workers."

• Strength

• Weakness

• Opportunity

• Threat

Which factor of the SWOT analysis does the following statement belong to? "The CEO of Company C is a well-respected figure in the business world, attracting many fresh graduates who want to work for and learn from him."

• Strength

• Weakness

• Opportunity

• Threat

What is the most popular framework used when conducting an environmental analysis, which includes political, economic, social, technological, environmental, and legal factors?

• SWOT Analysis

• Porter's Five Forces Model

• PESTEL Analysis

• Business Model Canvas

In PESTEL Analysis, which factor refers to how governments and political events or issues can intervene in the business environment?

• Economic

• Political

• Social

• Legal

In PESTEL Analysis, which factor focuses on the cultural norms and expectations that impact businesses?

• Economic

• Political

• Social

• Legal